Mark WentlandABR, ABRM Associate Broker, Big Rapids Realty, Inc & Reed City Realty, Inc

231-598-4871

Parchment

Show Map
$1,650,000
Mortgage Calculator
  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Parchment
  • County Kalamazoo
  • Township Parchment City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full
  • Garage  
  • Acreage 0.86
  • Heat Type Hot Water, Baseboard, Natural Gas
  • Central Air Wall Unit(s)
  • Year Built 1973
  • Style  
  • Exterior  
  • Taxes 11287.66
  • SEV 230600
  • Zoning R-M MUL
  • Parcel 06-02-201-040
  • Lot Size 0 X 0

Features

Rare 16 unit multi-family property offering a fantastic investment opportunity. Gross market rents of around $18,000 a month. There are 11 units with 2 bedroom and 1 bath and 5 units with 1 bedroom, 1 bath. This property has an assumable mortgage at an interest rate well below current market rates providing a great cash flow opportunity. The majority of the units have interiors that have been recently renovated. The property is conveniently located near Parchment High School and Elementary School along with numerous manufacturing companies and easy access to Gull Road. Don't miss out!

Directions South on Riverview Dr, East on G Ave.
Listing Courtesy of Connor Anderson - Keller Williams GR East

The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2024 MichRIC, LLC. All rights reserved.
All information provided is deemed reliable but is not guaranteed and should be independently verified.